Increase in share capital recorded in Trade Register

ALMA MEDIA CORPORATION  STOCK EXCHANGE ANNOUNCEMENT 11 JULY 2005, 11.00  1 (1)
 
INCREASE IN SHARE CAPITAL RECORDED IN TRADE REGISTER
 
Warrants under the 1999 bond with warrants were exercised to subscribe for 747,480 new Series I shares between 26 April 2005 and 30 June 2005, raising the share capital by EUR 314,292.78. The increase in share capital was recorded in the Trade Register on 11 July 2005. The new shares will be admitted for trading on 12 July 2005.
 
The share capital increase now registered is based on the issue of bonds with warrants to company employees approved by the Annual General Meeting held on 24 March 1999. The bond totalled 1 220 000 Finnish markka (EUR 205,189.27).
 
According to the resolution of the Board of Directors of Alma Media made pursuant to the terms of the warrant program, the holders of the warrants had the right to subscribe for shares until 30 June 2005. A and B warrants have been deleted from the central securirity depository systems and they are no longer quoted on the Helsinki Exchanges. The change had been made due to the divestment of the Broadcasting division. The increase now registered was the last increase under the warrant program.
 
Number of shares and votes after the subscription:
 
 
The share capital following the increase totals EUR 27,332,529.40. Under the bond with warrants to employees the share capital has been raised by EUR 876,467.65.
 
The new shares carry dividend rights for the financial year 2005.
 
ALMA MEDIA CORPORATION
 
Terhi Lambert
Communications Manager
 
DISTRIBUTION: Helsinki Exchanges, principal media
 
 
Alma Media, a leading Finnish media corporation, publishes newspapers, produces and distributes economic information, and maintains online marketplaces. The Group has more than 30 newspapers in its portfolio. The aggregate circulation of the subscribed papers totals approximately 600,000 copies. The Group's newspapers are estimated to have over two million readers.
 
Alma Media's best known products are the Aamulehti, Iltalehti, and Kauppalehti papers and the Etuovi.com home-buying Internet service. The Group derives roughly 40 % of its net sales from newspaper circulation revenues and income from content sales. Pro form net sales in 2004 (excluding the television and radio broadcasting operation divested in 2005) amounted to EUR 284 million, generating an operating margin of 12.9 %. The company has 2,850 employees. More information at http://www.almamedia.fi
  • Date: 11.7.2005, 13:00
  • News type: Stock exchange release

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